Birgit Kositzke is a woman who definitely knows what she wants. In 2007 she moved from Germany to Iceland with the idea of carving out her fortune in agriculture. However, it was neither horses nor cows that caught her interest, but rabbits for their meat.
IKEA has announced plans to donate ISK 100,000 (USD 770, EUR 705) of store credit to all 55 Syrian refugees expected in Iceland in January.
The strike at Rio Tinto’s aluminum smelter in Straumsvík, which was meant to begin at midnight last night, has been canceled.
Beginning May 13, WOW Air will offer service between Keflavík and Bristol, England, three times a week, year-round.
Negotiations between Rio Tinto Alcan and the unions of workers at the aluminum smelter in Straumsvík, outside the town of Hafnarfjörður, which Rio Tinto operates, have been unsuccessful.
Icelandic travel planning and booking website TripCreator now offers users to plan trips to Ireland, as announced today. The company plans to add a third destination before the end of the year and other destinations across Europe and North America in 2016.
The operation of Alcoa in Iceland has been losing money from the start, RÚV reports. “Made-up loss” and “scandal” is the view of the former director of Internal Revenue.
The majority of Icelanders would like to do away with the Icelandic króna and adopt a new currency, regardless of whether Iceland joins the European Union.
Into the Glacier, the ice cave in Langjökull glacier, was awarded the Innovation Prize of the Icelandic Travel Industry Association Wednesday.
New Enterprise Associates og Novator have invested ISK 4 billion (USD 30.5 million, EUR 28 million) in the Icelandic interactive entertainment Company CCP.
A German economist claims there is great uncertainty regarding the profitability of connecting Iceland’s energy grid to that of the UK by laying a submarine cable between the two countries.
In the beautiful village of Þingeyri, West Fjords, population 252, there is a long line every Tuesday between 3:00 pm and 4:00 pm.
Almost 80 companies have pledged to reduce their emission of greenhouse gasses and to minimize their negative impact on the environment by reducing waste.
The Monetary Policy Committee of the Central Bank of Iceland announced yesterday it would raise the bank’s interest rates by 0.25 percentage points.
The number of passengers going through Keflavík Airport is expected to increase by 25 percent next year, reaching more than six million.
Next spring, the Icelandic budget airline WOW Air will start offering direct flights from Iceland to San Francisco and Los Angeles year-round.
According to annual reports from the four biggest fast food chains in the country, Icelanders spent ISK 10.9 billion (USD 85 million, EUR 77 million) at those last year.
The economic measures introduced by the government Wednesday are the largest ever in Icelandic history, according to Finance Minister Bjarni Benediktsson.
The Central Bank of Iceland has recommended an exemption from the Foreign Exchange Act be given to the failed banks, Kaupthing hf., Glitnir hf., and LBI hf.
Giving Icelandair priority when it comes to allocating airport slots at Keflavík Airport hinders competition in the airline business in Iceland.
The Reykjavík Fire Department was called out to the Central Bank of Iceland shortly before midnight after water had begun leaking into the building’s hallways.